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Goodyear Tire & Rubber Co logo

Goodyear Tire & Rubber Co

goodyear.com

What Do They Do?

Makes and sells tires to vehicle makers and drivers, and provides retreading and repair services to drivers and trucking fleets.

How Do They Make Money?

Goodyear sells goods when shipped or delivered and provides services when performed; payment terms vary by customer and region, while retail customers pay at the point of sale.

revenue
SegmentShareRevenue
Tire unit sales
Sold outright

84%
FY2022: 86%
Other tire and related sales
Sold outright
8.2%
FY2022: 6.8%
Retail services and service related sales
Sold outright
5.1%
FY2022: 3.9%
Chemical sales
Sold outright
2.3%
FY2022: 3.1%
Other
0.1%
FY2022: 0.2%

Who Are Their Customers?

Vehicle makers buy tires for original equipment; replacement buyers mainly go through independent dealers, retailers and wholesale distributors. Goodyear also sells online and in company-owned stores, and serves trucking fleets through company-owned commercial centers.

Do Revenues Turn Into Profits?

No. It lost $1.7B in FY2025.

Operating income, FY2025
1% of revenue
▼ −43% vs FY2024 ($478M, 3%)
Net income, FY2025
−9% of revenue
▼ Now a loss vs FY2024 ($46M, 0%)
Free cash flow, FY2025
0% of revenue
▼ −94% (Loss) vs FY2024 (−$490M, −3%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −5%
vs $4.5B in Q2 FY2025
Net income
▼ Now a loss
vs $254M in Q2 FY2025
Tire unit sales share of revenue vs 82.6% in Q2 FY2025
  • Jul 21, 2026 Plans permanent closure of Fayetteville manufacturing facility The plan reduces Americas production capacity and includes job reductions.
  • Jun 26, 2026 Names Scott Deakin interim CFO after Christina Zamarro’s departure Zamarro will leave the company, and Deakin will serve while it searches for a permanent successor.

Flat. Revenue was $18.3B in FY2025, about the same as the $17.5B of FY2021.

OTR tire business The older report describes OTR tires among its products; the latest says Goodyear sold the business but continues making and selling some OTR tires under a supply agreement.

Chemical business The older report lists chemical products among its activities; the latest says Goodyear sold its polymer chemicals business.

Dunlop brand The older report lists Dunlop among Goodyear’s tire brands; the latest says the Dunlop rights were sold and Cooper is being introduced as its primary second-tier EMEA brand.

Revenue over time
Tire unit sales Other tire and related sales Retail services and service related sales Chemical sales Other
$25B$12.5B$0

Who Do They Compete With?

Competes with Bridgestone, Michelin, Continental, Hankook, Kumho, Pirelli, Sumitomo, Toyo, and Yokohama

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